Fourteen acres at the Lawrenceville, N.J., property will be redeveloped with townhome units and the sale will fund clubhouse upgrades and improvements to the golf course, including seven new holes and a relocated practice area. The golf course will reopen in late spring 2018.
A comprehensive renovation and repurposing project at Greenacres Country Club is nearing completion in Lawrenceville, N.J. The work includes renovating the golf course and repurposing a portion of the club’s acreage for residential use.
The genesis of the project is the creation of a 14-acre infill development parcel. As the result of a multimillion-dollar transaction, a national homebuilder will develop the land with 98 townhome units. Each household will become a new social member of the club, offering an ongoing revenue stream for the club.
In addition to recapitalizing the club’s balance sheet and funding clubhouse upgrades, the land sale will trigger comprehensive improvements to the entire golf course, including seven new holes and a relocated practice area. The golf course will reopen in late spring 2018.
“Greenacres Country Club will be fully updated and competitive in the marketplace, with newfound capital,” said Bobby Weed of Bobby Weed Golf Design. “The course will be renovated to meet today’s and tomorrow’s future member expectations and to provide a fun and interesting round of golf.”
Established in 1938, Greenacres is a private club featuring an 18-hole golf course, which originally was designed by Devereaux Emmet and was redesigned by George Fazio in 1971.